Annual General MeetingStockholm, April 13, 2018

April 13, 2018 Skanska Annual General Meeting 1

Anders Danielsson

Presidentand CEO

We build for a better society.Watermark Seaport, 101 Seaport, 121 Seaport, Boston, USA

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NewGroup Leadership Team

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Anders DanielssonPresident and Chief Executive Officer

Magnus PerssonExecutive Vice President,Chief Financial Officer

Claes LarssonExecutive Vice President

Kirsi MettäläExecutive Vice President,Human Resources

Richard Kennedy Executive Vice President

Caroline Fellenius-OmnellExecutive Vice President,General Counsel

SEK bn 2017 2016

Revenue 160.8 151.3Profit for the year 4.9 6.5

The GroupRevenue and profit

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Financial targets 2016–2020

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TargetOutcome2017

Project Development≥ 10% 14.5%Return on capital employed

Construction≥ 3.5% 0.8%Operating margin

Group can be negative 9.7Financial strength, SEK bn

Return on equity ≥ 18% 18.6%

A strong balance sheetSEK M

0

5,000

10,000

15,000

20,000

25,000

2014 2015 2016 2017

Investment capacity Investments in Project Development

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Residential DevelopmentBoKlokProduction Plant GullringenSweden

Commercial Property DevelopmentFivePragueCzech Republic

Infrastructure DevelopmentLaGuardiaNew YorkUSA

Project DevelopmentConstruction

James A. Farley Post Office Building, New York, USAOur business

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Residential Development

BoKlok Production Plant, Gullringen, Sweden

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Kruunuvuorenranta, Helsinki, Finland

Residential Development

SEK bn 2017 2016

Revenue 13.2 13.3

Operating income 1.7 1.6

Operating margin, % 13.0 12.1Return on capitalemployed, % 15.4 17.1

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Nordics

Europe

BoKlok Flex StrandallénSödertälje, Sweden

Residential DevelopmentMarket outlook 2018

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Commercial Property Development

Five, Prague, Czech Republic

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Commercial Property DevelopmentCapital employed– distribution by market1

Nordics36%

Europe33%

USA31%

1 As of Dec 31, 2017

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BostonWashington DC

Seattle

Houston

WrocławWarszawa

Oslo

Malmö

Helsinki

Bucharest

Stockholm

Copenhagen

Prague

Poznań

KrakówKatowice

Gothenburg

BudapestOstrava

Łodz

Gdańsk

Commercial Property DevelopmentSEK bn 2017 2016Investments 10.7 8.4Ongoing projectsNumber of projects 46 47Total investments 27.6 20.3

New leases, sq m (000) 477 379Estimated surplus value 7.9 7.2

Sundtkvartalet, Oslo, Norway

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The Monument BuildingLondon, UK

Commercial Property DevelopmentSEK bn 2017 2016

Revenue 11.4 10.2

Operating income 2.7 2.3of which gain on sale 3.51 3.1

Return on capital employed2, % 15.5 14.8

1 Inclusive joint ventures2 Adjusted

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121 Seaport, Boston, USA

Commercial Property DevelopmentMarket outlook 2018

Nordics

Europe

USA

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Infrastructure Development

LaGuardia, New York, USA

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I-4 Ultimate, Florida, USA

Infrastructure Development

Projects in the portfolio 5of which completed 2ongoing 3

SEK bn 2017 2016

Portfolio, net present value 3.0 4.3Unrealized development gain (estimated) 0.5 1.4

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Autostrada A1, Gdańsk, Poland

Infrastructure Development

SEK bn 2017 2016

Operating income 0.9 1.8of which gain on sale 1.0 1.7

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Elizabeth River Tunnels, Norfolk, USA

Infrastructure DevelopmentMarket outlook 2018

Focus on USA

Monitoring development in Europe

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James A. Farley Post Office Building, New York, USA

Construction

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SEK bn 2017 2016

Order bookings 151.8 170.2

Book-to-Build, % 101 123

Order backlog 188.4 196.3

Slussen, Stockholm, Sweden

Construction

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Regional Connector, Los Angeles, USA

Construction

SEK bn 2017 2016

Revenue 150.1 138.0

Operating income 1.2 3.5

Operating margin, % 0.8 2.6

Free working capital -21.8 -22.5

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− Implement a decentralization− Downsize unprofitable units− Implement a major restructuring in Poland− Exit from the US energy market− Focus on core business in the UK− Focus on infrastructure development in the US− Finally, continue to grow in the profitable residential and

commercial property development sectors

Strategic initiatives

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European Spallation Source (ESS)Lund, Sweden

ConstructionMarket outlook 2018

Nordics

Europe

USA

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We build for a better society.Highway 6 Taavetti-Lappeenranta, South Karelia, Finland

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